Result of General Meeting and Initial Tender Offer
15 December 2011 - 7:22PM
UK Regulatory
TIDMHPEQ
HENDERSON GLOBAL INVESTORS
HENDERSON PRIVATE EQUITY INVESTMENT TRUST PLC
14 December 2011
Henderson Private Equity Investment Trust plc (the `Company')
Result of General Meeting and Initial Tender Offer
At a general meeting of the Company held today, the special
resolution authorising the Company to buy back up to 3,298,787 Shares in
connection with its Initial Tender Offer was passed.
A total of 9,374,580 Shares were validly tendered under the Initial Tender
Offer. As a result, valid tenders by Shareholders up to the Basic Entitlement
will be accepted in full and excess tenders will be satisfied to the extent of
approximately 5.22 per cent. of the excess Shares tendered.
The Net Asset Value as at the Calculation Date was 397.0040 pence per Share.
Accordingly, the Tender Price, which has been calculated in accordance with
paragraph 1.2 of Part III of the circular to Shareholders dated 14 November
2011 (the "Circular"), is 377.1538 pence per Share.
3,298,706 Shares will be repurchased by the Company under the Initial Tender
Offer and cancelled and this equates to 17.5% of the Company's Shares in issue
at 14 November 2011. Following the Initial Tender Offer, the Company will
have 15,551,506 Shares in issue.
It is expected that cheques will be despatched and CREST payments made during
the week commencing 19 December 2011 for those Shareholders who validly
tendered their Shares.
Terms used in this announcement shall, unless the context otherwise requires,
have the same meaning given to them in the Circular.
Enquiries:
Ian Barrass James de Sausmarez
Portfolio Manager Head of Investment Trusts
Henderson Private Equity Investment Trust Henderson Global Investors
plc
Tel: 020 7818 2964 Tel: 020 7818 3349
Robin Archibald / Alex Blake
Winterflood Investment Trusts
Tel: 020 3100 0290
END
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